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Second Generation Currency Crisis Theory
The Second Generational Currency Crisis Theory
Introduction
Economic theory, specifically currency crises, has not changed much in the past few decades. While the theories that have become popular, such as the Mundell-Fleming Model and the Hecksher-Ohlin Model, are still valid today, new theorie......
11/07/2023 
1045 
Emma
principle of tax moderation
，关于税收适度原则 The Principle of Taxation Moderation
The purpose of taxation is to raise funds for the efficient operation of a government or other legal authority. Governments rely on taxation for the revenue needed to fund their operations, reduce the budget deficit and enhance the equity of a......
overdraft transaction
Overdraft Transactions
An overdraft transaction occurs when an account holder withdraws more money from their account than is available. This type of transaction can be especially risky for those who are not familiar with the risks associated with overdrafting and not properly managing their fina......
special consumption tax
Special Consumption Tax
Special Consumption Tax is a type of prepayment consumption tax that taxes certain goods and services.The policy of special consumption tax,enacted in China in 1994,aims to standardize the production and management order in the consumer market,to improve the economic struc......
special consumption tax
Special Consumption Tax
Special consumption tax is a category of tax for goods and services defined by law. It is designed to cover the costs of using, disposing, or exploiting certain goods and services. The taxes are usually imposed at the time of purchase or consumption so that people buying o......
tax-sharing financial management system
The Dual Incomes System and Fiscal Administration
The two-income fiscal system, also known as the Fiscal Fiscal System (FFS), is a model utilized by many countries to strengthen fiscal and financial management, improve the quality of public spending, and ensure fiscal sustainability. The FFS has ......
public finance theory
Public Finance Theory
Introduction
Public finance is a branch of economics that focuses on the taxation and expenditure policies of the state. It studies how resources are acquired, distributed and used in the public sector. It is one of the oldest and most important areas of economics and has b......
balance of payments
International Receipts and Payments
International receipts and payments refer to all types of international economic transactions which involve the transfer of funds from one country to another. This can include international trade payments, foreign investments, lending, capital flows, and overse......
public debt burden
Government Bond Burden
A government bond is a debt issued by a state, municipality or government agency. It generally makes periodic payments on the principal, known as coupons, and eventually repays the face value of the loan at maturity. The Chinese government has been taking on an increasing a......
balance of payments
Balance of Payments
The balance of payments is the system for recording all the economic transactions of a country over a period of time, usually one year. It is one of the most important indicators of a country’s economic health and is closely watched by investors and other countries.
The bala......
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